Nancy Woodson Spire Foundation Inc
- Assets
- $0.0
- Revenue
- $2.9m
- Investments
- $27.7m
- Employees
- 0
- Location
- Greenville, DE
- Founding
- 11/1980
- Data as of
- 06/2022
- EIN
- 39-1367383
Organization Overview
Nancy Woodson Spire Foundation Inc is located in Greenville, DE. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nancy Woodson Spire Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Nancy Woodson Spire Foundation Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Nancy Woodson Spire Foundation Inc has awarded 18 individual grants totaling $5,022,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
TWO GRANTS WERE MADE TO THE LEIGH YAWKEY WOODSON ART MUSEUM TOTALING $520,000 TO FUND THE PURCHASE OF ART OBJECTS FOR ITS PERMANENT COLLECTION.
A GRANT WAS MADE TO THE NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE AMOUNT OF $250,000 TO SUPPORT CHESTERWOOD.
A GRANT WAS MADE TO THE MONTPELIER FOUNDATION ANNUAL FUND IN THE AMOUNT OF $250,000 IN SUPPORT OF THE ANNUAL FUND CHALLENGE GRANT.
A GRANT WAS MADE TO THE WOODSON YMCA FOUNDATION INC IN THE AMOUNT OF $500,000 IN SUPPORT OF THE CAPITAL CAMPAIGN FOR THE EXPANSION OF THE WOODSON YMCA FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Garniewski Jr President & Director | 3 | $0 | |
Walter Dillingham Director | 0.25 | $0 | |
Christine L Myshchyshyn Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $744,458 |
| Profit on Inventory Sales | $0 |
| Other Income | $775,600 |
| Total Revenue | $2,909,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,325 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $269,795 |
| Contributions, gifts, grants paid | $1,524,500 |
| Total expenses and disbursements | $1,794,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,462,132 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,676,922 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nancy Woodson Spire Foundation Inc has awarded $1,967,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LEIGH YAWKEY WOODSON ART MUSEUM INC PURPOSE: PURCHASE OF ART OBJECTS FOR ITS PERMANENT COLLECTION | $750,000 |
MARATHON COUNTY HISTORICAL SOCIETY PURPOSE: IN SUPPORT OF GENERAL OPERATIONS | $1,500 |
NATIONAL TRUST FOR HISTORIC PRESERVATION PURPOSE: IN SUPPORT OF CHESTERWOOD | $300,000 |
UWMC FOUNDATION PURPOSE: FUND SCHOLARSHIP TO A QUALIFIED STUDENT FROM LAKELAND UNION HIGH SCHOOL | $6,000 |
THE MONTPELIER FOUNDATION PURPOSE: ANNUAL FUND CHALLENGE GRANT | $200,000 |
WOODSON YMCA FOUNDATION INC PURPOSE: IN SUPPORT OF THE CAPITAL CAMPAIGN FOR THE EXPANSION OF THE WOODSON YMCA FACILITIES | $710,000 |